Sole Placement Agent
Genesis Financial Solutions, Inc.
Debt Capital Markets
Subordinated Notes and Preferred Equity
Transaction Details
- On December 9, 2015, Genesis Financial Solutions, Inc. (“Genesis” or the “Company”) completed a $90 million private placement of subordinated notes and preferred equity
- The proceeds were used to refinance the Company’s existing subordinated notes and provide an expanded credit facility and equity capital to fund future growth
- Stephens Inc. acted as sole placement agent in the transaction
- This transaction represents Stephens’ third successful capital raise for Genesis in the last three years
About the company
Genesis Financial Solutions, Inc. is the leader in providing access to second-look financing for credit challenged customers. Genesis offers customers a variety of credit financing solutions with simple terms, competitive rates, and excellent customer service; designed to provide non-prime credit customers with the same financing opportunities as prime credit programs. For more information visit Genesis’ website at www.genesis-fs.com.
Sources: Company filings and publicly available information.
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